Nonprofit · EIN 88-2639576
LEGACY ACADEMY OF DELAWARE INC
Tax-exempt · GEORGETOWN, DE 19947
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $279,879 | $263,077 | $16,802 | $37,641 | $0 | $37,641 |
| December 31, 2024 | 990 | $227,713 | $241,988 | -$14,275 | $20,839 | $0 | $20,839 |
| December 31, 2023 | 990 | $242,131 | $246,104 | -$3,973 | $35,114 | $0 | $35,114 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $165,284
- Program service revenue
- $114,595
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $30,000
- Other salaries and wages
- $171,487
- Salaries, compensation and benefits (total)
- $218,353
- Professional fundraising fees
- $0
- Occupancy
- $7,750
- Program services (functional)
- $263,077
Balance sheet and other
- Total assets, start of year
- $20,839
- Total assets, end of year
- $37,641
- Total liabilities, end of year
- $0
- Net assets, end of year
- $37,641
- Net assets without donor restrictions
- $37,641
- Gross receipts
- $279,879
- Employees
- 11
- Volunteers
- 10
- Year formed
- 2022
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Louden | Secretary Trustee or director | 2 | $0 |
| Brian Parks | Treasurer Trustee or director | 2 | $0 |
| Dale Williams | Member Trustee or director | 2 | $0 |
| Duane Smith | Chairman Trustee or director | 2 | $0 |
| Terry Cellini | Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Louden | Secretary Trustee or director | 1 | $0 |
| Brian Parks | Treasurer Trustee or director | 2 | $0 |
| Dale Williams | Member Trustee or director | 1 | $0 |
| Duane Smith | Chairman Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Louden | Treasurer Trustee or director | 3 | $0 |
| Jeremy McEntire | Secretary Trustee or director | 1 | $0 |
| Duane Smith | Chairman Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 22860 DUPONT BLVD, GEORGETOWN, DE 19947-8804
- In care of
- % GREG LOUDEN
- Principal officer (990 for 2025)
- Karen Barbrow, 119 N Bedford Street, Georgetown, DE 19947
- Signed the 990
- Karen Barbrow, Head of School
- Phone
- (302) 217-3144
- Return prepared by
- Dale C Williams
Mission
Classical Christian School Grades K-8
Program accomplishments
- Legacy Academy Provides Educational Instruction to 26 students in grades K-8Expenses $263,077 · revenue $279,879
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-2639576
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $37,641
- Income (IRS master file)
- $279,879
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $279,879 | $263,077 | $37,641 | IRS |
| 990 | December 2024 | $227,713 | $241,988 | $20,839 | IRS |
| 990 | December 2023 | $242,131 | $246,104 | $35,114 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2639576).
Questions about LEGACY ACADEMY OF DELAWARE INC
- What is the EIN of LEGACY ACADEMY OF DELAWARE INC?
- The employer identification number (EIN) of LEGACY ACADEMY OF DELAWARE INC is 88-2639576.
- Is LEGACY ACADEMY OF DELAWARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to LEGACY ACADEMY OF DELAWARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEGACY ACADEMY OF DELAWARE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEGACY ACADEMY OF DELAWARE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEGACY ACADEMY OF DELAWARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LEGACY ACADEMY OF DELAWARE INC?
- The 990 for the year ended December 31, 2025 names Karen Barbrow.
- Who are the officers and directors of LEGACY ACADEMY OF DELAWARE INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LEGACY ACADEMY OF DELAWARE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $279,879, expenses of $263,077 and total assets of $37,641 at year end.
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